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A Diploma in Cooperative Management is a one-year programme. It focuses on cooperation and collaboration between the members of the organisation, cooperative governance rules, and management of resources and organisational finances. Employees need to work together as a team in an organisation. Cooperative Management plays an important role in increasing the productivity and efficiency of the organisation. The degree is offered in the field of business management. It aims to achieve an equitable system of resource management. In Cooperative Management, all the groups share their knowledge and responsibilities. Subjects studied by a candidate for a Diploma in Cooperative Management are Environment for Cooperatives, Cooperative Credit, and Cooperative Law. Diploma in Cooperative Management admissions are based on a merit score. But before applying, students should fulfil the eligibility requirements of the course. Popular job roles include cooperative manager, divisional manager, facilitator, and researcher. The average salary of a cooperative bank manager in India is Rs. 6.8 LPA, which depends on their experience and the company.
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| Particulars | Values |
|---|---|
Degree Name | Diploma in Cooperative Management |
Diploma in Cooperative Management Course Level | Diploma |
Diploma in Cooperative Management Course Duration | 1 year |
Diploma in Cooperative Management Entrance Exam | College/University-specific exams |
Diploma in Cooperative Management Eligibility Criteria | 10+2 |
Diploma in Cooperative Management Admission Process | Merit-based |
Diploma in Cooperative Management fees for the entire duration | Rs. 5,000 to 60,000 |
Diploma in Cooperative Management Average Salary | Rs. 6.8 LPA |
Diploma in Cooperative Management Job Profiles | Cooperative Manager, Divisional Manager, Facilitator, and Researcher |
Diploma in Cooperative Top Recruiters | National Cooperative Development Corporation, Bank of India, State Bank of India, Cooperative Banks |
The eligibility criteria for a Diploma in Cooperative Management may differ for different colleges. Students are advised to fulfil the eligibility requirements, which can be found on the official website or programme brochure. The eligibility criteria for the Diploma in Cooperative Management are listed below.
| Eligibility Parameters | Details |
|---|---|
| Educational Qualification | 10+2 education from a recognised board |
| Minimum aggregate score | 50 per cent (5-10 per cent relaxation for candidates belonging to the reserved categories) |
The admissions to the Diploma in Cooperative Management are similar for every institute. Students are eligible for admission after they have fulfilled the eligibility criteria. The admissions to the course are mostly based on a merit score. Below we have listed the admission process of many institutes.
Step 1- Review the course- Candidates should check all the relevant details of the course before applying for admission. They should know the fees, eligibility criteria, scope and career prospects of the course.
Step 2- Eligibility Criteria- Students should fulfil the eligibility criteria of the course before applying for admission.
Step 3- Fill the application form- Students should carefully fill out the application form with all the relevant details.
Step 4- Entrance examination- They should appear for the relevant entrance examination (if applicable)
Step 5- Pay the course fees and submit relevant documents- Candidates should pay the course fees and submit official documents.
A cutoff is a minimum criteria set by the colleges to screen the deserving candidates. It is based on the difficulty level of the examination, the number of applicants, and the stature of the institute. Since not many exams are there for a Diploma degree, admissions is based on a merit score.
The academic curriculum of the Diploma in Cooperative Management may vary from college to college. It is important to check the syllabus beforehand. We have provided below the syllabus of the diploma in cooperative management offered at the Centre for Studies in Rural Management.
| Semester 1 | Semester 2 |
|---|---|
| Environment for Cooperatives | Cooperative Accounts, Audit, and MIS |
| Cooperative Management | Cooperative Project Planning, Formulation and Implementation |
| Cooperative Credit, Banking and Non-credit Cooperatives | Cooperative Law |
| Research Methodology and Project Report Writing | Roles of Cooperatives in Agriculture and Rural Development |
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The fee structure of a diploma in cooperative management may vary from college to college. The duration of the course is one year. Students can pay the fees in one or two installments, depending on their preference.
Candidates have multiple options for pursuing higher education post-completion of a diploma in cooperative management. They can pursue a BBA and further opt for an MBA course in cooperative management or a related specialisation. After completion of an MBA, they can pursue a PhD in management or other related field.
Students can explore many careers in cooperative management. Since it is a diploma course, the scope is also limited. But with enough experience, students can work in areas such as cooperative banks, research organisations, and consultancy firms. Listed below are the popular job roles.
Cooperative Manager: A Cooperative Manager is a professional who is responsible for ensuring the stakeholders are satisfied with the return on the invested money. He or she provides support to the management in facilitating information, participation, and decision-making.
Divisional Manager: Divisional managers are professionals who hold the responsibility for overseeing a specific section of the employing organisation. They develop sales forecasts and maintain accountability for the achievement of sales goals. They are also responsible for hiring, providing training, and performance coaching.
Facilitator: Facilitators are professionals who are responsible for helping a group of people or an organisation to work together. They plan, guide, and motivate them to achieve their common objectives.
Researcher: A Researchers a professionals who conduct experiments on a specific topic. They may write a research paper or a thesis on their research. They use quantitative and/or qualitative research methods to derive results.
There are numerous benefits to pursuing a Diploma in Cooperative Management. Students get an understanding of sub-divisions of management. They acquire proficiency in organising and managerial skills. Cooperative Management is crucial for every business, it helps the people to work together efficiently.
The salary after graduation depends on the level of education and experience of the candidate. Since a diploma degree alone does not guarantee a good salary or a good job. To get a decent job, students must pursue higher studies such as a BBA or an MBA. In the table below, students will find the average salaries of popular job roles.
| Job Roles | Average Salary |
|---|---|
Cooperative Manager | Rs. 5 LPA |
Community Development Facilitator | Rs. 3.6 LPA |
Divisional Manager | Rs. 11 LPA |
Researcher | Rs. 7.7 LPA |
Source: AmbitonBox
Not many colleges provide a Diploma in Cooperative Management. Students can check the official website of the college for more information. Centre for Studies in Rural Management is a popular government college offering a Diploma in Cooperative Management course.
To conclude, a Diploma in Cooperative Management is a promising entry-level course. It prepares students for high-paying career options and higher studies degrees. Popular job roles include Facilitator, Cooperative Manager, Field Coordinator, Project Assistant, and Divisional Manager.
Frequently Asked Questions (FAQs)
The eligibility criteria for a Diploma in Cooperative Management depends on the institute. Candidates must have cleared 10+2 education to be eligible for the course.
The salary offered to graduates of diploma in cooperative management varies depending on their skills, knowledge, roles and responsibilities. The average salary of a Cooperative Manager in India is Rs. 4.7 LPA.
The major career options include Facilitator, Cooperative Manager, Divisional Manager, and Researcher.
The average salary of a Cooperative Bank Manager is Rs. 4.7 LPA depending on their job roles and experience.
For enrollment in a higher diploma in cooperative management, candidates are required to successfully complete an undergraduate degree programme. They must have been employed in a cooperative society.
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